Sinopec Engineering Group Co Ltd. — Capital/Financing Update 2016

Mar 18, 2016

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities.

UNIVERSE INTERNATIONAL HOLDINGS LIMITED 寰宇國際控股有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 1046)

LAPSE OF PLACING OF NEW SHARES UNDER GENERAL MANDATE

LAPSE OF THE PLACING OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of Universe International Holdings Limited (“ Company ”) dated 24 February 2016 in connection with the proposed placing of up to 296,250,000 shares of HK$0.01 each of the Company (or as appropriate, 29,625,000 shares of HK$0.01 each after the capital reorganisation having become effective). Capitalised terms used in this announcement shall have the same meanings as defined in such announcement.

The Directors wish to announce that due to decline in the trading prices of the Shares after the signing of the Placing Agreement on 24 February 2016, the Placing Agent has not been able to secure any Placees and thus no listing approval for the Placing Shares has been obtained by the Company on or before 18 March 2016. Given that the completion of the Placing is conditional upon the grant of the listing of and permission to deal in the Placing Shares on or before 18 March 2016, the Placing lapsed on 18 March 2016 in accordance with the terms of the Placing Agreement.

The Board considers that the lapse of the Placing does not have any material adverse impact on the operation and the financial position of the Group. The Board will consider other opportunities to conduct fund-raising exercises if needed.

On behalf of the Board Universe International Holdings Limited Lam Shiu Ming, Daneil Chairman and Executive Director

Hong Kong, 18 March 2016

As at the date of this announcement, the executive Directors are Mr. Lam Shiu Ming, Daneil, Mr. Hung Cho Sing, Ms. Cheng Hei Yu and Mr. Lam Kit Sun, the non-executive Director is Mr. Chan Shiu Kwong Stephen, and the independent non-executive Directors are Mr. Lam Wing Tai, Mr. Choi Wing Koon and Mr. Lam Chi Keung.

• for identification purposes only